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Laurence Fink, chief executive officer of Blackrock Inc., the world’s largest money manager with more than $4 trillion in assets, recently issued a warning to U.S. companies: Stop focusing on short-term returns at the expense of lon...

The deal for Barclaysto sell its asset management unit for $13.5 billion to Laurence Fink’s BlackRock, the biggest takeover in the asset management industry, has created the world's largest asset manager.
It appears that BlackRoc...

By David Randall NEW YORK (Reuters) - The asset management sector "needs consolidation" and has the potential for "quite a bit" of merger and acquisition activity, BlackRock Inc Chief Executive Officer Laurence Fink said at an inves...